Tag: Canadian Dollar
-
Pound tumbles on dovish BoE Bailey comments Daily Update
April 18 2024Pound (GBP) undermined by BoE Bailey comments The pound (GBP) initially trended higher on Wednesday, as stronger-than-expected UK inflation figures … read more
-
US dollar holds strong amid market anxiety Daily Update
April 17 2024Pound (GBP) uncertain following UK labour market data A jump in UK unemployment and slowing wage growth put some pressure on the pound (GBP) … read more
-
US dollar regains ground as retail sales beat forecasts Daily Update
April 16 2024Pound (GBP) mixed amid lack of data The pound (GBP) was mixed yesterday as a lack of UK economic data left the currency exposed to … read more
-
FX weekly forecast: Slowing UK inflation to dent the pound? Weekly Forecast
April 15 2024Pound (GBP) Several high-impact UK data releases in addition to a series of speeches from Bank of England (BoE) policymakers could infuse notable … read more
-
US dollar strikes fresh five-month high Daily Update
Pound (GBP) fluctuates following UK GDP The pound (GBP) traded in a wide range on Friday following mixed UK GDP results Although January’s GDP … read more
-
Euro slides as ECB signals June rate cut Daily Update
April 12 2024Pound (GBP) struggles despite BoE rate cut pushback The pound (GBP) initially enjoyed some support yesterday after Bank of England (BoE) policymaker … read more
-
US dollar soars after inflation beats forecasts Daily Update
April 11 2024Pound (GBP) fluctuates amid market volatility A lack of UK economic data left the pound (GBP) exposed to market volatility yesterday, with Sterling … read more
-
Euro subdued as markets await ECB decision Daily Update
April 10 2024Pound (GBP) mixed amid lack of data A lack of UK economic data left the increasingly risk-sensitive pound (GBP) to be driven by market sentiment … read more
-
US dollar ticks lower amid risk-positive trade Daily Update
April 9 2024Pound (GBP) choppy in absence of data The pound (GBP) started the week struggling to find a clear direction as a lack of British economic data left … read more
-
FX weekly forecast: ECB rate cut hints to pull the euro lower? Daily Update Weekly Forecast
April 8 2024Pound (GBP) The pound (GBP) could face headwinds later this week with the release of the UK’s latest GDP figures Economists forecast UK economic … read more